Rapid7 Technical Analysis (NASDAQ:RPD)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The RPD stock chart pattern can give those who understand technical analysis an indication of which way RPD stock is headed, but cannot predict with 100% certainty as to what can happen to the Rapid7 stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Rapid7. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Rapid7 stock analysis.
Rapid7 Moving Average
Moving averages show the average price of RPD stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Rapid7 are mostly signals of long term trends and will help long term traders.
Rapid7 Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Rapid7. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Rapid7 bollinger bands show that the stock price is $33.42, upper band is 34.51, lower band is 27.41, and the average is 30.96.
Rapid7 Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Rapid7 MACD indicator is below 0 indicating a bearish trend.
Rapid7 Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 76.71 is the RSI value of RPD stock.